{"id":600146,"date":"2019-01-21T04:32:30","date_gmt":"2019-01-21T04:32:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/21\/mercedes-benz-says-new-policies-clarity-were-behind-its-return-to-egypt\/"},"modified":"2019-01-21T04:32:30","modified_gmt":"2019-01-21T04:32:30","slug":"mercedes-benz-says-new-policies-clarity-were-behind-its-return-to-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/21\/mercedes-benz-says-new-policies-clarity-were-behind-its-return-to-egypt\/","title":{"rendered":"Mercedes-Benz says new policies, clarity were behind its return to Egypt"},"content":{"rendered":"

Mercedes-Benz says new policies, clarity were behind its return to Egypt:<\/b> New policies adopted by the Madbouly government provided clarity for car makers and encouraged Mercedes-Benz to return to the market with an assembly plant, Mercedes-Benz Egypt CEO Thomas Zorn said, according to a Trade and Industry Ministry statement<\/a>. The statement said Zorn agreed with Minister Amr Nassar during a meeting on Sunday to form a committee of senior officials from the ministry to ensure that Mercedes assembly line is up and running as soon as possible. Nassar said his ministry is in talks with other major carmakers to bring them to Egypt with similar manufacturing facilities. Daimler said in a statement this weekend<\/a> that it plans to build a new assembly plant for Mercedes-Benz in Egypt, but did not disclose the size of the investment or the time frame for the project.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mercedes-Benz says new policies, clarity were behind its return to Egypt: New policies adopted by the Madbouly government provided clarity for car makers and encouraged Mercedes-Benz to return to the market with an assembly plant, Mercedes-Benz Egypt CEO Thomas Zorn said, according to a Trade and Industry Ministry statement. The statement said Zorn agreed with […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[144,72,125,3526,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600146","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-automotive","tag-enterpriseam","tag-investment-watch","tag-mercedes-benz","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"81aeb946-4749-4188-9702-60e200a7664c","is_powered_by":true,"section_story_id":"1c7f857a-a535-47b0-aab8-26be750b39c2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600136],"teaser":"","voice_url":""},"yoast_head":"\nMercedes-Benz says new policies, clarity were behind its return to Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/21\/mercedes-benz-says-new-policies-clarity-were-behind-its-return-to-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mercedes-Benz says new policies, clarity were behind its return to Egypt\" \/>\n<meta property=\"og:description\" content=\"Mercedes-Benz says new policies, clarity were behind its return to Egypt: New policies adopted by the Madbouly government provided clarity for car makers and encouraged Mercedes-Benz to return to the market with an assembly plant, Mercedes-Benz Egypt CEO Thomas Zorn said, according to a Trade and Industry Ministry statement. 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Mercedes-Benz \u201chas agreed in principle\u201d resume car assembly in Egypt, according to a statement by the Suez Canal Development Authority (SCZone) picked up by Al Shorouk. 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The automaker, which suspended assembly in Egypt in 2015 as the FX crisis deepened, has apparently agreed to reopen assembly operations in Egypt, Suez Canal Economic Zone (SCZone) Chairman Mohab Mamish announced in a presser on Tuesday to much fanfare. He added that 96,000\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622924,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/mercedes-benz-ranked-eighth-best-global-brand-in-2018-by-interbrand\/","url_meta":{"origin":600146,"position":4},"title":"Mercedes-Benz ranked eighth best global brand in 2018 by Interbrand","author":"enterpriseam admin","date":"16 October 2018","format":false,"excerpt":"Mercedes-Benz is sitting as the world\u2019s top premium automobile brand after being ranked eighth in US brand consulting company Interbrand\u2019s ranking of \u201cBest Global Brands\u201d for 2018, according to an emailed statement (pdf). 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